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Fast formula for coverage start date

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We need to create a fast formula for rate and coverage start dates to be '1st of the month after next' or something similar

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I'm not a fast formula expert but hoping someone might be able to help. We plan to open a benefit window 7th - 25th March allowing people to buy annual leave. However we need the rate and coverage start date to begin on 1 May 2022.

Is this easy to do and does anyone have similar fast formula they could share?

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